Agency
Agency Practice Question
Under Texas law, a listing agreement must be in writing to be enforceable because of the:
A
Statute of LimitationsB
Statute of FraudsC
Deceptive Trade Practices ActD
TREC RulesExplanation
The Statute of Frauds requires contracts for the sale of real estate and listing agreements to be in writing.
More Agency Questions
A fiduciary relationship exists between:
Which duty requires an agent to keep the principal informed of all material facts?
Dual agency occurs when:
An agent who exceeds the authority granted by the principal:
A broker who represents both the buyer and seller in the same transaction without the knowledge and consent of both parties is practicing:
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